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Analysts Have Conflicting Sentiments on These Healthcare Companies: Ambrx Biopharma (AMAM), QuidelOrtho (QDEL) and Aveanna Healthcare Holdings (AVAH)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Ambrx Biopharma (AMAMResearch Report), QuidelOrtho (QDELResearch Report) and Aveanna Healthcare Holdings (AVAHResearch Report).

Ambrx Biopharma (AMAM)

RBC Capital analyst Brian Abrahams maintained a Buy rating on Ambrx Biopharma on August 10 and set a price target of $29.00. The company’s shares closed last Friday at $14.25, close to its 52-week high of $16.86.

According to TipRanks.com, Abrahams is a 4-star analyst with an average return of 6.5% and a 45.7% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Intra-Cellular Therapies, Karyopharm Therapeutics, and Vertex Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ambrx Biopharma with a $27.20 average price target.

See the top stocks recommended by analysts >>

QuidelOrtho (QDEL)

RBC Capital analyst Conor McNamara maintained a Buy rating on QuidelOrtho on August 9 and set a price target of $136.00. The company’s shares closed last Friday at $77.93.

According to TipRanks.com, McNamara is a 1-star analyst with an average return of -6.6% and a 28.6% success rate. McNamara covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, Bio-Rad Laboratories, and Thermo Fisher.

QuidelOrtho has an analyst consensus of Strong Buy, with a price target consensus of $128.50, which is a 66.6% upside from current levels. In a report issued on August 9, Craig-Hallum also maintained a Buy rating on the stock with a $168.00 price target.

Aveanna Healthcare Holdings (AVAH)

In a report issued on August 11, Ben Hendrix from RBC Capital maintained a Hold rating on Aveanna Healthcare Holdings, with a price target of $3.00. The company’s shares closed last Friday at $1.84.

According to TipRanks.com, Hendrix is a 1-star analyst with an average return of -2.1% and a 47.2% success rate. Hendrix covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Bright Health Group, and Acadia Healthcare.

Currently, the analyst consensus on Aveanna Healthcare Holdings is a Moderate Sell with an average price target of $2.03, which is a 12.8% upside from current levels. In a report issued on August 11, Truist Financial also maintained a Hold rating on the stock with a $2.00 price target.

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